Europe Imposes Higher Tariffs

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It seems that the European Union’s toll decision was made out of the fear that China has advanced so much in automotive technology. Since, now it is in between taking the reward for dominating automobiles at a global scale. But does China deserve all the credit? Absolutely not as China is getting appreciated for its innovative technology used in EV transport at the expense of enemies, who never want to see Europe as a progressive state. Plus, it is also getting funded by the leader of the whole world, which is none other than America. 

Why This Insecurity? 

You must be wondering why is the European Union feeling so insecure about China that it actually released its frustration by imposing higher tariffs on electrical vehicles from there. The major reason is that many years ago China was known as just another car manufacturer present in the world. But after they revamped their automotive section which was in the shape of introducing a new battery technology, their golden period started. China progressed so much and gave the world a good show, that in a matter of few years, they took the position of being one of the top 10 automakers in the world. How they started and how they ended up, makes the European Union insecure.